December 31, 2023

December 31, 2024

Carrying

Fair

Carrying

Fair

amount

value

amount

value

(In millions)

Cash, cash equivalents and restricted cash equivalents

$

462.0

$

462.0

$

378.6

$

378.6

Long-term debt:

Kronos 9.50% Senior Secured Notes due 2029

—

365.4

403.4

Kronos 3.75% Senior Secured Notes due 2025

440.9

424.5

78.3

77.9

Kronos revolving credit facility

—

10.0

LandWell bank note payable

12.2

11.4